Jefferies raised its price target on Estée Lauder to $100 after the company posted strong fiscal fourth-quarter 2026 results, with net sales up 6% to $3.63 billion and adjusted earnings of $0.39 per share, beating the 32-cent estimate. Growth was driven by skincare, fragrance and makeup, while organic net sales rose 5% and revenue figures of about $3.62 billion to $3.63 billion topped the $3.54 billion consensus, fueling a 16% share rally after a 13.27% premarket gain to $95.45. CEO Stéphane de La Faverie said the company had “reignited growth” after four straight quarters of organic gains, affirmed fiscal 2027 organic net sales growth of 3% to 5%, guided adjusted earnings to $3.10 to $3.35 per share and lifted the adjusted operating margin outlook to 12.7% to 13.5%, alongside expected cost-cutting savings of $1.2 billion by 2028. Middle East conflict disruptions trimmed sales growth by about 1 percentage point and adjusted EPS by 5 cents, partly offset by 7 cents from tariff refunds.